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Post--Crunch Financial Management -An Overview A. The Industry and the Capital Markets B. .The SME -De-risking the Current and New Assets Followed by: C. The Lender?s Perspective on Re-financing?Jeff Stufsky, BNPParibas, NYCD D. .The Agency/Export Credit Lender Perspective?Doug Macaulay, EDC, Ottawa E. The Foreign Political Insurance Perspective?Pierre Vieillescazes, Carrick-Bend, Washington, DC ?Four Fundamental Metal Models No Longer Prevail. ?Mining is in new ?waters?: so be prepared (next page). ?Capital markets are uncertain-so be your own financier first ?If tight capital may remain, prepare to triage based on cash-flow production (not oz, lbs, tonnes, etc) ?Know your banker/financier(and it should know mining) ?In the past, it was ?know your borrower? ?The climbing team can fall if one climber carries too much ?Constantly re-assess the risk matrix (and j/v?s), and ?De-risk/diversify both the asset and the capital base

May 1, 2010

By Naoki Takada, Dae-Sung Cheon, Minoru Sato, Masaji Kato, Manabu Takahashi, Weiren Lin

"The permeability and specific storage of rocks and sedimentary layers deep underground are critical parameters for issues related to the buried evaluation of natural gas and oil, CO2 aquifer storage, various kind of waste storage and so on.The Shirahama sandstone of the Wakayama prefecture, Kii peninsular in central Japan, consists mainly of quartz grains with no cracks and rock fragments that are aggregations of various kind of minerals. The quartz grains have an average size of about 150 micron. The pre-existing pore sizes were distributed dominantly at approximately 1 micron, and the total porosity was about 13%.During the hydrostatic compression test, we measured permeability of Shirahama sandstone by Transient Pulse test for three mutually perpendicular directions. Permeability of Shirahama sandstone remained fairly constant while increasing the effective confining pressure. Permeability anisotropy was observed slightly in the normal and two parallel directions to the bedding planes.We used micro focus X-ray CT with high resolution of 10 micron to visualize and measure the voids space information in Shirahama sandstone. Three-dimensional data were obtained in the intact and stressed sandstone simultaneously. Pore structures and grain boundaries were clearly distinguished. Pore closure and grain movement were clearly observed with increasing confining pressure. Micro focus X-ray CT is an effective tool to visualize and measure the geometrical information in rocks.Three-dimensional medial axis (3DMA) method was introduced to quantify the flow-relevant geometric properties of the voids structure in Shirahama sandstone using µfocus X-Ray CT data. The number of connecting path between two faces, tortuosity and the shortest path distribution within an arbitrary region of Shirahama sandstone specimen were analyzed. Geometrical information on the number of connecting path shows reasonable correlation between permeability anisotropy and mutually perpendicular directions normal and parallel to bedding planes. In addition, we introduced numerical simulation of fluid flow of pressurized Shirahama sandstone by LBM, to discuss the permeability change caused by pressurization on effective confining pressure. We obtained the detailed distributions of fluid pressure and fluid velocity in relatively narrow voids space more than 10 µm. It was confirmed that pressurization effect on permeability caused by the decrease of the connecting path and the shortest path between arbitrary faces, and then caused a complex condition on fluid pressure and fluid velocity."

Jan 1, 2015

By D. Neely, D. Milne, L. R. Feldman

"Resin-anchored rebar is commonly used for rock support in mining. The rock properties and environment determine the average bond strength, allowing mine engineers to select the appropriate length and installation pattern for the support. In weak material such as potash, the average bond strength tends to be lower than for a typical hard-rock installation. Determining the failure mechanism by which the support fails in soft-rock applications could lead to improved bond strength and better calculated installed support capacity. This paper reports on research conducted at a potash mine in Saskatchewan and analyzes the failure mechanism of the support.RÉSUMÉ Dans les mines, les barres d’armature enduites de résine sont fréquemment utilisées pour soutenir le roc. L’environnement et les propriétés du roc déterminent la résistance moyenne d’adhésion, permettant ainsi aux ingénieurs miniers de choisir la longueur de barre appropriée et le diagramme d’installation du soutien. Dans des matériaux faibles, tels que la potasse, la résistance moyenne d’adhésion tend à être plus faible que pour une installation typique dans de la roche dure. La détermination du mécanisme de rupture selon lequel le soutien fait défaillance dans des roches tendres pourrait conduire à une meilleure force d’adhésion et à un meilleur calcul du soutien installé. Le présent article fait état de la recherche effectuée dans une mine de potasse en Saskatchewan et analyse le mécanisme de défaillance du soutien. ,"

Jan 1, 2016

By G. B. Bosworth, M. J. Lake, J. W. Hogg

The Quintette Coal operation in northeastern British Columbia has one of the world's largest Preparation Plants, with a design capacity of 6.5 million tonnes per year of clean coal.This paper will discuss several innovative aspects of the flowsheet and plant design with particular reference to the selection of process equipment, materials handling and control systems.The operations and maintenance experience during the first two years of production will be described and discussed in relation to the design objectives.

Jan 1, 1987

By G. R. Cope, J. S. Getsinger, K. D. Lund, T. Neale

"Mineral exploration in the Sicker Group, a belt of Paleozoic volcano-sedimentary rocks on Vancouver Island, has traditionally centred on auriferous polymetallic volcanogenic massive sulphide deposits such as those currently mined by Westmin Resources Ltd. near Buttle Lake. Recently, however, the focus of exploration in the Sicker Group has shifted toward targets of structurally controlled gold concentrations, with notable success. Major north and northwesterly-trending structural features such as the Cowichan-Horne Lake break (one of several regional high-angle thrust fault s active throughout a long period of geological time) and related fault systems have contributed to localization of gold mineralization.Using the extensive information database compiled by MPH Consulting Limited during numerous exploration projects in the Sicker Group, two cross sections through areas with significant gold occurrences southeast of Port Alberni are presented. The cross sections combine geological, geochemical and geophysical data in an attempt to emphasize the relationship between structural trends and gold mineralization. Examples from specific properties, including gold discoveries along the Mineral Creek fault zone, are used to illustrate this relationship."

Jan 1, 1990

By Jeffrey S. Loen

"Abstract - The size, morphology, surface texture, per cent mineral inclusions, and bulk chemistry (Ag and trace elements) of placer gold particles vary systematically according to transport distance from source rocks, as indicated by a case study from the Pioneer district in Montana, and data from the literature.Placer gold samples show a rapid decrease in mean and maximum particle length, and a gradual increase in flatness index (F.I. = length + breadth/2 X thickness) from about F.I. = 2 in bedrock deposits, to as much as F.I. = 45 over transport distances of several tens of kilometers. Primary mineral inclusions (mainly quartz, sulfide minerals, and iron oxides) are mostly lost within 10 km to 20 km of fluvial transport; this loss of quartz and trace metals causes a major change in bulk chemistry of placer gold samples. Following the loss of inclusions and the development of flakes, edges of flakes are folded and the mean number of folded edges in a sample increases with distance. When viewed under the electron microscope, surface textures of placer gold particles also become progressively more pitted with distance.Analysis of placer gold particles can be used to help evaluate placer source-area problems (placers with no known hard-rock gold deposits). For example, coarse placer gold containing abundant inclusions indicates a proximal source. On the other hand, an abundance of thin flakes is evidence of a long transport distance and possible reworking from older gravels. Placer gold characteristics can therefore provide information on distance to mineralized source rocks."

Jan 1, 1995

By J. Beland

The Rimouski-Matapedia region is along the southwestern extension of the central Siluro-Devonian synclinorium of Gaspe Peninsula. As in Gaspe about 30,000 feet of Siluro-Devonian strata rest on a "basement" of tightly folded Ordovician rocks. The central synclinorium is divided up into two northeasterly trending belts each of which is characterized by distinctive lithologies and patterns of folding. The northwestern belt is gently to moderately folded and includes lithologies which point to a stable environment. The southeastern belt on the other hand is tightly folded and the lithologies indicate a less stable environment. A marked angular unconformity separates the basement from the Siluro-Devonian cover near the north-western margin of the northwestern belt. At the southeastern margin of the southeastern belt the relationship of cover to basement has not been as-certained because of a fault. The northwestern belt has several features significant in the search for petroleum; the Silurian strata are exposed in broad open anticlines

Jan 1, 1962

By H. C. Cooke

Geological examination of the underground workings of the Horne and Aldermac mines during the summer of 1927 has brought out the following facts: (1) That the ores tend to replace bodies of breccia or tuff rather than massive lava or dyke material; (2) That the faulting and folding at the Horne has had a pronounced effect in localizing the ore-bodies; (3) That there is a tendency in cert?-in cases for ore-bodies to be localized beneath gently dipping dykes, which acted as impervious roofs; (4) That there is a great difference in age between the chalcopyrite part of the ore-bodies and the pyrite-pyrrhotite portion. A statement of the development to date at the Aldermac mine is also included in the paper. ALDERMAC MINE The Aldermac property is made up of eight claims in the western half of Boischatel township, Quebec, including 747 acres in all. The mine itself is approximately three miles, 25 chains from the west boundary, and four miles, 55 chains from the north boundary, of the township.

Jan 1, 1928

By Jeffrey S. Loen

"The size, morphology, surface texture, per cent mineral inclusions, and bulk chemistry (Ag and trace elements) of placer gold particles vary systematically according to transport distance from source rocks, as indicated by a case study from the Pioneer district in Montana, and data from the literature.Placer gold samples show a rapid decrease in mean and maximum particle length, and a gradual increase in flatness index (F.I. = length + breadth/2 x thickness) from about F.I. = 2 in bedrock deposits, to as much as F.I. = 45 over transport distances of several tens of kilometers. Primary mineral inclusions (mainly quartz, sulfide minerals, and iron oxides) are mostly lost within 10 km to 20 km of fluvial transport; this loss of quartz and trace metals causes a major change in bulk chemistry of placer gold samples. Following the loss of inclusions and the development of flakes, edges of flakes are folded and the mean number of folded edges in a sample increases with distance. When viewed under the electron microscope, surface textures of placer gold particles also become progressively more pitted with distance.Analysis of placer gold particles can be used to help evaluate placer source-area problems (placers with no known hard-rock gold deposits). For example, coarse placer gold containing abundant inclusions indicates a proximal source. On the other hand, an abundance of thin flakes is evidence of a long transport distance and possible reworking from older gravels. Placer gold characteristics can therefore provide information on distance to mineralized source rocks."

Jan 1, 1995

By J. A. L. Henderson

THE potential oil-and gas-bearing area with "which this paper deals is the large undefined Carboniferous basin, roughly triangular in shape, occupying about 10,000 square miles of southern and eastern New Brunswick. Its base, about 135 miles long, lies on the gulf of St. Lawrence and embraces the whole eastern coast-line of the Province, while its apex lies in the south-west corner of the Province, near the International boundary (see map, Figure 1). The Carboniferous basin may be divided roughly into two areas-the Northern basin and the Southern basin-by a structural feature represented by a ridge of low hills running north-easterly from the Saint John river, near Saint John, on the southwest, to Indian mountain, about eight miles north of Moncton, in the northeast. Within the Northern basin, all evidence regarding the presence or attitude of the older Mississippian Albert Shale series, the only oil-bearing rocks known in New Brunswick, is for the greater part obscured by a thick and practically horizontal blanket of Pennsylvanian strata and, although evidences of oil and gas have been reported, none has been positively identified. Five parallellines of gentle folding, running to the northeast, occur in the Pennsylvanian rocks, within a distance of 100 miles from north to south. This folding is reflected in the courses of the rivers, which lie within the synclines. The relationship of the folding in the younger rocks to structures in the uncomfortably underlying older rocks is unknown, but should now be possible of clarification by means of a geophysical survey accompanied by drilling. Independent geological examinations have yielded no evidence of value in this respect, nor have five exploratory boreholes drilled by per-cussion tools to a maximum depth of 3,645 feet been of assistance, as only one inconclusive hole completely traversed the beds which normally overlie the Albert shales.

Jan 1, 1940

By Jeff Smith

Agenda About NORTHPARKES The NEED The INITIATIVE The SEARCH The PRODUCTS The SOLUTION The RESULTS The Northparkes copper-gold mine in Central Western NSW commenced operations in 1994. Copper concentrate is produced and shipped to smelters in Japan, China & India under long term contracts with spot sales to other Asian countries.

May 1, 2006

Bahuerachi Project Characteristics Why it?s nicer at Bahuerachi Mexico is a mining country Low political, regulatory and trade risk Low social/permitting risk Proximity to infrastructure Road Power grid (8 km) Rail line (25 km) High grade zones (skarns), CRD and near surface oxide component are sweet spots to the overall system. Size of low grade system points to potential long mine life?and numerous new targets developing. Timelines-2006? 90 to 100 combined RC and core holes to go! MAIN ZONE Drilling ? Goat ?Finish Mid April ? Main Zone, going North, depth of testing dependent, estimated for May ? North Lobe-May ? Commission independent resource estimate by May 06 for results of first pass drilling to date ?tonnesand grades ?Main Zone Milestone. ? Continue infill or expanded drilling to July (minimum) ? 1stpass RC scheduled until September OTHER Targets ? Begin drill testing North Skarn target Mid-April, minimum 5 drill holes, 1,000 meters. Ongoing expansion of target with surface work (mapping) ? Road to Colome(Skarnin north of Main Zone) as part of porphyry program ? Tule(southern) porphyry and skarn system-soils and mapping OUTSTANDING events Metallurgical report on floating and leaching tests (Sulphide/oxides).

May 1, 2006

By Norman R. Ball

"Many people in the mining and metallurgical industries were brought up to embrace Henry Ford's pronouncement that ""History is bunk"" but it is not generally known that the same Henry Ford created and paid for one of the finest technological museums in the Western World. I am aware that many people feel that industry history is something you ask aging executives to do or that history is a clip-andpaste compendium of pictures re-discovered every 25 years or on the occasion of issuing a press release on plant expansion. Moreover, there are many who fear historians as somewhat deranged individuals interested only in corruption, injustice and sensational labour strife. Good history lies somewhere between the controlled P.R. handout and the hysterical attack. Writing good history is a difficult creative act based on the application of experience, insight, wide knowledge and careful reasoning to available evidence. To date, the Canadian mining and metallurgical industries have achieved a great deal but left too little evidence and it is this lack of evidence which must be corrected before it is too late. It is the purpose of this article to stimulate thoughts with regard to archives, one of the more important vehicles for the preservation of such evidence."

Jan 1, 1999

By H. A. Baxter

THE Eustis concentrator is located about nine miles southwest of Sherbrooke, on the main line of the Quebec Central railway. The concentrator is served by a side track parallel to the main line, and all supplies for both the mine and mill are delivered at the mill yards. The concentrator treats 250 tons of copper-iron ore daily by preferential flotation, whereby, first, the copper sulphides are floated and the iron pyrite is depressed, and, second, the iron pyrite is reactivated and floated, resulting in an iron pyrite concentrate and tailing, the latter going to waste. During 1934, 71,709 tons of ore were treated, averaging 3.712 per cent copper and 32.1 percent iron, with a small amount of silver and a trace of gold. The recovery was 93.77 percent of the copper, and 70.43 percent of the iron as iron concentrate. The copper concentrate produced averaged 25.623 percent copper and the iron-pyrite concentrate averaged 42.13 percent iron and 49.173 percent sulphur. HISTORY The first mill at the Eustis mine was built in 1904 (1). For a few years previous to this rime, some jigs had been operated to concentrate the fines from the mine, the coarse ore being hand-sorted. Both the fines and sorted lump ore were shipped to acid plants. The building of the mill was based on test work carried out by Professor Robert H. Richards at the Massachusetts Institute of Technology. The method of concentration consisted in careful classification in a Richards classifier, which made six different sized products. These products went to Wilfley tables, where a concentrate, middling, and tailing were made. The middling was returned to the rolls. Crushing was done by a jaw crusher and two sets of rolls, resulting in a screen size of about five-mesh.

Jan 1, 1936

By C. C. Li

The D bolt is a new type of energy-absorbing rock support element recently developed in Nor-way. The D bolt is not only able to accommodate large rock deformations, but can also provide a load-bearing capacity as high as that of rebar bolts. Furthermore, the anchoring quality of the D bolt is similar to rebar bolts because of its multi-point anchoring design.

May 1, 2009

By K. Halada

Current trend of the global flow of strategic metals are analyzed to discuss the strategy of the development of recycling technology and alternative technology. In many cases, each global flow of metal is changing from the trilateral structure of U.S., EU and Japan in the later 20th century into the convergence to China as the factory of the world. Scrap flows are also changing dynamically. A long term change of prices of metal has gotten changed since the entrance of this century. The estimation of metal consumption up to 2050, in which the author estimated that many kinds of metal will overshoot the reserve base line, is revised considering these change of current trends.

Jan 1, 2014

By J. Bouchard, R. del Villar, A. Vazirizadeh

"Industrial flotation is a continuous and often multistage process, where particles of a given mineral species (usually the targeted one), present in different sizes, encounter a large amount of gas bubbles (normally air) to produce mineral–bubble aggregates, which are removed from the flotation device (cell or column) as a valuable product (concentrate). The bubble content inside the cell is characterized by the prevailing hydrodynamic conditions (known as gas dispersion variables), which in turn are known to influence the flotation performance. Although most researchers and practitioners agree that the relationship between the hydrodynamic variables and flotation performance exists, the lack of an adequate method foronline measuring the average bubble diameter has prevented such studies.The aim of this study is to apply appropriate hydrodynamic variables for flotation kinetic modeling (as a key feature of flotation performance) for a given introduced particle size distribution (PSD). In this regard, experiments were conducted in a laboratory flotation column (5.6 cm internal diameter for a total height of 650 cm), and mixtures of quartz (hydrophilic gangue) and talc (naturally hydrophobic mineral), classified in four different size fractions. The correlation between the flotation rate constant and given hydrodynamic variables were analyzed. Results suggest that the relative importance of hydrodynamic variables for flotation rate modeling depends on the PSD. Finally the suggested hydrodynamic variables for each of the various particle size-classes considered were used to produce single variable models for the flotation rate constant. INTRODUCTIONIndependently of the prevailing flotation conditions, the mechanisms for bubble-particle aggregation and the residence time of the phases inside the device must also be considered. In this regard, one of the most used approaches to represent the overall flotation process is as a pseudo-chemical reaction between a particle and a bubble, whose rate (at a given time) is proportional to the amount of remaining floatable species. The proportionating constant is called the kinetic constant or the flotation rate constant."

Jan 1, 2016

By D. C. Brady

"Within six months from award of a project management contract, Les Mines Dumagami Limitée, Cadillac, Quebec, was operating its new hoisting facility. This was accomplished with less than a six-week shutdown of mine production while still maintaining shaft access for underground maintenance.The work involved installing a refurbished /3.5 ft diameter double drum hoist, replacing a timber headframe with a newsteel headframe, increasing the ore bin capacity from 500tons to 1000 tons, constructing a new substation, and upgrading related facilities.This paper describes the work and methods used by various contractors, Les Mines Dumagami Limitée and J.S. Redpath Mining Consultants Limited to bring this project to a successful completion. It discusses the history of the project from proposal stage through to the design, procurement, scheduling, and construction management. The paper also comments on problems that were encountered and the methods used to overcome them.IntroductionThe Donald J. Laronde Mine of Les Mines Dumagami Limitée (Dumagarni), a gold and copper producer, is located in northwestern Quebec, approximately half way between Val d'Or and Rouyn. The mine started production in the spring of 1988 and the first gold bar was poured in June 1988.Following a request by Dumagami, on February 22, 1989, J.S. Redpath Mining Consultants Limited(Redpath) delivered a proposal to increase hoisting capabilities from 1500 tpd to a minimum of 2500tpd. Although various concepts were considered, Redpath proposed a new hoist house along the same shaft axis as the existing hoist, and located on the site of the existing substation. They would then provide a new substation, replace the headframe with a largersteel structure , gain extra storage capacities by increasing the bin heights, and raising the roof of the bin house accordingly.Although underground mining would have to be stopped for a month, the mill production would be maintained by feed from Dumagami's open pit.Figure 1 shows the original plant layout and Figure 2 represents the general arrangement after the project was completed . Table 1 compares the original hoisting facilities to the new facilities.On March 2, Dumagami awarded Redpath a contract that included preliminary engineering, detailed engineering, procurement and contract administration, and later added construction management. The preliminary engineering refined the initialconcept, selected major equipment, and prepared schedules and capital cost estimates for the total project."

Jan 1, 1991

By A. Gauthier, J .. E. Muir, M. Cormier

Falconbridge's Lac Shortt gold deposit is located in Gand Township, some 25 km north-east of Desmaraisville, The deposit was outlined in i980 by a drilling program me conducted by Falconbridge Ltd. in a joint venture with Corporation Falconbridge Copper after three years of systematic exploration by Falconbridge Ltd. in the Desmaraisville area. The gold bearing structure had previously been drilled by three other exploration companies. As based on an underground development programme conducted by Corporation Falconbridge Copper, the "in-si tu" mineral inventory to a depth of 500 metres at a cut-off grade of 3.0 g/t is estimated at 1 937 605 tonnes at a grade of 6.4 g/t (uncut) and 6.0 g/t (cut). Regionally, the stratigraphy consists of thick sequences of volcanic and volcanosedimentary rocks intruded by numerous and voluminous mafic (gabbro), felsic (granodiorite, syenite) and anorthositic intrusions. Structurally, at least two fold sets and one major fault system (E-NE) are present. Minor fault systems oriented E-NE and N-NW also occur. Mine stratigraphy can be divided into 1) - the hangingwall; 2) - ore zone; 3) - footwall. Hanging wall rocks include: a) green lapilli and blocky tuff b) transition zone c) green mica crystal tuff and d) red dolomitic tuff. Ore zone rocks include: a) bleached mafic tuff b) barren carbonates, c) pyritic dolomitic tuff (?) and d) brick-red syenite. Footwall rocks include: a) magnetic lava (so-called diorite), b) mafic lapilli and blocky tuff and c) alkali basalt, Native gold is the only gold mineral so far identified and it occurs both as free grains in gangue and as micro-inclusions in pyrite. Two geochemical groups were identified in the main rock units: 1) Alkali-rich rocks cons is ting of the ore zone and foot wall rocks and 2) Subalkaline group consisting of the hanging wall rocks. Ore analysis also shows Ba, Sr, W, Zr, REE and F enrichment in the ore zone. Footwall rocks are enriched in Na20. Present geological and geochemical data do not permit a clear interpretation of the formation for the Lac Shortt gold deposit but suggest it is a volcanic-hosted stratabound type. The bulk of the mineralization is associated with an exhalative phase following alkalic, carbonic, hydrothermal activity and part of the mineralization is associated with a late intrusive phase.

Jan 1, 1984

By Adrian White

Agenda Overview of pastefill at Kidd Mine Pipeline wear and the need to monitor Steel Loop monitoring Steel Borehole monitoring Monitoring pipe linings

May 1, 2013